Case Study: Knape & Vogt achieves $2M in savings and strategic transformation with Velocity Technology Solutions

How One CFO Saved $2M And Enabled Strategic Transformation

Knape & Vogt, a 100-year-old manufacturer of functional hardware and storage products, needed a way to preserve its competitive edge while lowering Oracle E-Business Suite costs, reducing compliance risk, and easing pressure on IT. The company looked to Velocity Technology Solutions for a cloud-based approach that would do more than a basic migration and would better support daily operations and strategic goals.

Velocity Technology Solutions upgraded and managed Knape & Vogt’s Oracle EBS environment in the cloud, adding bandwidth, disaster recovery, offsite backups, automation, and improved data validation to streamline transactions and reduce manual work. The results were significant: Knape & Vogt saved $300,000 in the first year and has since saved more than $2 million annually, while also improving system uptime to 99.999%, reducing failed imports, and freeing internal staff to focus on strategic improvements.

Knape & Vogt

Rick McQuigg

CFO